KLINGBERG FAMILY CENTERS INC

EIN: 061487342 501(c)(3) Human Services

NEW BRITAIN, CT

Total Revenue
$838,403
Total Expenses
$384,673
Total Assets
$16,364,514
Net Assets
$16,364,514
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CT
Principal Officer
TERESA ALAIMO
Phone
8602249113
Tax Period
2023-07-01 to 2024-06-30

KLINGBERG FAMILY CENTERS INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $838K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $454K, a strong 54% operating margin.

Mission

TO RAISE AND MANAGE FUNDS TO SUPPORT THE CRITICAL SERVICES PROVIDED TO CHILDREN AND FAMILIES THROUGH PROGRAMS ADMINISTERED BY OUR AFFILIATED COMPANIES: KLINGBERG COMPREHENSIVE PROGRAM SERVICES, INC., KLINGBERG COMPREHENSIVE FAMILY SERVICES, INC., AND STOP IT NOW.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $215,517
Program Service Revenue $0
Investment Income $622,886
Other Revenue $0
TOTAL REVENUE $838,403

Expense Breakdown

Grants Paid $351,254
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $351,254
Other Expenses $33,419
TOTAL EXPENSES $384,673

Year-over-Year Comparison

2023 2022 Change
Revenue $838,403 $727,038 +0.2%
Expenses $384,673 $511,195 -0.2%
Net Income $453,730 $215,843 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$759,519
Total Directors
10
$226,357
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN A GIRELLI PHD PRESIDENT/CEO 1.00
Officer Director
$0 $16,491 $226,357
WILLIAM WOODMAN CHAIR 1.00
Officer Director
$0 $0 $0
DONALD JONES VICE CHAIR 1.00
Officer Director
$0 $0 $0
SAM GALLOWAY SECRETARY 1.00
Officer Director
$0 $0 $0
TODD NAVIN TREASURER 1.00
Officer Director
$0 $0 $0
JOSEPH GUARINO TRUSTEE 1.00
Director
$0 $0 $0
MARY JACQUES TRUSTEE 1.00
Director
$0 $0 $0
REBECCA KARABIN-AHERN TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN KUKOWSKI TRUSTEE (THRU 9/2023) 1.00
Director
$0 $0 $0
MARY MURPHY TRUSTEE (THRU 1/2024) 1.00
Director
$0 $0 $0
TERESA ALAIMO VICE PRESIDENT FINANCE 1.00
Officer
$0 $15,441 $146,741
PATRICIA WILCOX VICE PRESIDENT TSI TRAINING 1.00
Officer
$0 $5,509 $114,716
SONIA COLON VICE PRESIDENT STAFF DEVELOPMENT 1.00
Officer
$0 $21,478 $142,624
KARA PRESTON VICE PRESIDENT DEVELOPMENT 1.00
Officer
$0 $19,506 $129,081
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $838,403 $384,673 $16,364,514 $453,730
2023 $727,038 $511,195 $15,183,187 $215,843
2022 $922,173 $766,022 $14,397,664 $156,151
2021 $861,586 $415,642 $16,285,722 $445,944
2020 $874,553 $412,140 $14,110,887 $462,413
2019 $801,522 $417,156 $13,302,785 $384,366
2018 $990,803 $415,095 $12,213,832 $575,708
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